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Google strikes 11th hour deals with Australian publishers to avoid new law

Google on Wednesday said that it finally struck a multiyear deal with News Corp, the largest owner of newspapers by circulation in Australia, to pay for its content.

Why it matters: The deal, along with several others reached between Google and Australian publishers in recent days, will likely allow the tech giant to avoid a sweeping new Australian law that would have forced it and rival Facebook to pay publishers on terms set by third-parties if they were unable to reach agreements themselves.

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